AsiaElec - Asia Power

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Power

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AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.

AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.

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Vietnam's PV Power stock surges on rising electricity demand and expansion plans

4 June 2024

PV Power, Vietnam's leading electricity producer, has seen its stock price surge nearly 29% since mid-April, reaching its highest level in over nine months.

GEM report warns of fossil fuel dependency from gas expansion in Southeast Asia

4 June 2024

A new report from the Global Energy Monitor reveals that the expansion of gas-fired power plants and liquefied natural gas facilities in Southeast Asia, including Indonesia, will maintain the region's reliance on volatile fossil fuels

Indonesia explores SMR nuclear tech collaboration with South Korea for energy and food preservation

4 June 2024

The Indonesian government is exploring a partnership with South Korea to develop Small Modular Reactor nuclear technology as a new energy source and for food preservation purposes

Cambodia, Laos, and Singapore join forces to advance ASEAN power grid

3 June 2024

Cambodia, Laos, and Singapore have established a dedicated work group to facilitate cross-border electricity trade and advance the ASEAN Power Grid vision

Japanese nuclear facility cleared for extended operations

31 May 2024

Japan's Nuclear Regulation Authority has granted a 20-year extension for the operation of units 3 and 4 at Kansai Electric Power Company's Takahama nuclear power plant in Fukui prefecture

Bangladesh’s LNG supply drops as floating terminal suffers damage

31 May 2024

Gas supply across Bangladesh has plummeted following the damage inflicted on one of its two Floating Storage and Regasification Units (FSRU) during Cyclone Remal

Sri Lanka set to phase out coal switch to 70% renewable in energy mix by 2030

31 May 2024

Sri Lanka's Power and Energy Minister Kanchana Wijesekera has announced that the country will phase out coal power plants in alignment with its long-term energy strategy

India’s ONGC seeks to form joint venture for biogas plants

31 May 2024

Indian state owned Oil and Natural Gas Corp. is set to establish a joint venture with the private Indian firm EverEnviro Resource Management Pvt Ltd to develop 10 compressed biogas plants

Nam Theun 2 power company makes significant tax contribution to Lao government

31 May 2024

The Nam Theun 2 Power Company has handed over more than $15mn in income taxes to the Lao government, representing its electricity production in 2023

Thailand’s gas demand expected to increase by almost 6% during the next decade.

30 May 2024

Reports indicate that gas and LNG will be increasingly vital in meeting Southeast Asia's energy needs, particularly in Thailand, as the region transitions to cleaner and more sustainable energy sources.

Vietnam's power grid tested as daily consumption exceeds 1bn kWh for the first time

30 May 2024

Vietnam's national electricity grid faces a critical test as soaring temperatures drive record-breaking power consumption

Amidst heatwave Delhi records highest ever temperature and power usage

30 May 2024

India’s capital New Delhi experienced its highest recorded temperature to date on May 29 2024, with the mercury soaring to 52.3 degrees Celsius the power demand surged to 8,300MW

PLN and Masdar expand Cirata floating solar plant capacity in joint development study agreement

30 May 2024

State electricity company PT PLN, through its subholding PLN Nusantara Power, has entered into a Joint Development Study Agreement (JDSA) with UAE energy giant Masdar to boost the capacity of the Cirata Floating Solar Power Plant

Solar power in Bangladesh held back by high import duties

30 May 2024

Bangladesh's solar industry faces significant hurdles due to steep import duties on essential equipment, according to industry experts

India’s BHEL signs $68mn contract with Power Mech Projects for building nuclear power plant

30 May 2024

Indian infrastructure construction company Power Mech Projects Ltd. has secured a contract worth $68mn from Indian state-owned Bharat Heavy Electricals Limited to construct a nuclear power plant

JERA considers reducing investment in Australia if Canberra does not move to reduce LNG costs

29 May 2024

Japan's leading power generator JERA cautioned on May 23 that it may seek LNG purchases and investments in Asia, the Middle East and the United States if Australia does not provide adequate financial support to reduce costs.

Delhi’s state owned Coal India and BHEL setup new coal to chemical subsidiary

29 May 2024

India’s state-owned Coal India Ltd. has created a new subsidiary, Bharat Coal Gasification and Chemicals Ltd., which will operate in the country’s nascent coal-to-chemicals sector

Queensland's government rethinks CCS feasibility

28 May 2024

The Queensland state government in Australia is set to reassess the long-term feasibility of carbon capture and storage following the rejection of a proposed project demonstrating the technology by commodities trader Glencore.

Laos powers up for greener future at renewable energy day

28 May 2024

Laos took a significant step towards a more sustainable future with the recent Laos-Australia Renewable Energy Day

Aussie Agribusiness Group eyes biogas production in Cambodia

28 May 2024

The Cambodian Ministry of Agriculture, Forestry and Fisheries recently met with representatives from Australia's Agribusiness Asian Group to discuss a novel approach to sustainable agriculture – biomass conversion into biogas

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